Trade Wars and Tariffs

#4,601
#4,601
Thunder Good-Oil said:
I tolerate his mouthy nonsense because he’s not a slick politician that’s been polishing his act for decades. He’s a crude NYC developer trying to pivot from the same crap that’s been going on in DC forever. Unlike the others, he’s wealthy and doesn’t need the legal bribes (book deals, speaking fees, etc) to significantly elevate his personal economic status. I challenged those idiots to be specific about which of the policies I’m supposed to be upset about. Other than he’s an insurrectionist and a dictator… Crickets.
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Pivoting from corruption to kleptocracy. That's a real 180..... lol
 
#4,604
#4,604
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Chinese official's statement in Geneva on May 11, 2025, announcing progress in US-China trade talks, aiming to finalize a pact soon, following a tense trade war with 125% Chinese tariffs on US goods and a $295 billion US trade deficit with China, as reported by Reuters.

- The Geneva talks, initiated after Swiss mediation, involved key figures like US Treasury Secretary Scott Bessent and China’s economic tsar He Lifeng, focusing on de-escalation rather than a full trade deal, amid global economic disruptions noted by the World Trade Organization.

- This development contrasts with earlier skepticism, as Trump’s April 2025 tariff threats (10% on most countries, 80% proposed on China) pushed negotiations, with the US aiming to shift China’s mercantilist model, a politically sensitive issue for Beijing, per Xinhua News Agency.



 
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#4,606
#4,606
Last edited:
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#4,614
#4,614
mrorange211 said:
I hope it’s not just political postering though. If it’s got some teeth to it, it will definitely be great for the country.
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No need to worry over something as uncontrollable as political posturing. All we need is some relief even if it's just a minor improvement. Could have been done sooner. Should have been sooner, but hey, the players in the market did well.
 
#4,615
#4,615
mrorange211 said:
I hope it’s not just political postering though. If it’s got some teeth to it, it will definitely be great for the country.
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I just hope whatever the hell it is, a nice string of beads or whatever, that it appeases the orange one’s tariff lust and we never see that level of stupidity brought back out again.

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#4,616
#4,616
NorthDallas40 said:
I just hope whatever the hell it is, a nice string of beads or whatever, that it appeases the orange one’s tariff lust and we never see that level of stupidity brought back out again.

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Meh. I bet his supporters will say it was this tariff approach that made a deal happen at all. I doubt you’ll ever see any apologies from them, and rightfully so I might add, if this deal is a good one.
 
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#4,617
#4,617
NorthDallas40 said:
I just hope whatever the hell it is, a nice string of beads or whatever, that it appeases the orange one’s tariff lust and we never see that level of stupidity brought back out again.

View attachment 741330
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Careful.You, I think, are a lifelong conservative Republican who is close to being labeled as a "leftist" by some of this board's experts. 😉
 
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#4,624
#4,624
Should be a big day tomorrow on the market, hope you bought and hope you didn’t sell in a panic.
 
#4,625
#4,625
Majors said:
Should be a big day tomorrow on the market, hope you bought and hope you didn’t sell in a panic.
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About 8.5% off Feb high.

The market's view of the deal will be evident by Tuesday. Probably should get back most of that 8.5% if its a good deal the next 2 days...

S&P close under 6K will be telling...
 
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